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Leominster mall still on the market

LEOMINSTER -- There was talk around the city this week that The Mall at Whitney Field has a buyer, but it remained on the sales block Friday, the management firm said.

"All I can really say is it's actively being marketed," said Elizabeth D. Kelley, the mall's vice president and general manager for retail.

A group of financial entities bought the mall under the name MLMT2006-C2 Mall at Whitney Field LLC for $20 million at a foreclosure auction in October 2010, according to records at the Worcester Northern District Registry of Deeds.

It was previously owned by Walton Whitney Investors V.

The mall's anchor stores are Sears, JCPenney, Toys-R-Us, and Macy's.

MLMT2006-C2 Mall at Whitney Field LLC is a Delaware company with a principal office in Dallas, the registry of deeds said.

Walton Whitney had purchased the mall in May 2007 for $82 million.

Mayor Dean Mazzarella said he believes the mall is a viable shopping outlet.

"In a secondary market -- we're not a major market -- we do OK," Mazzarella said. "Small does all right."

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